Subsequent to the MUFG news, CARE has upgraded Shriram’s FD credit rating to AAA Stable.
This was widely expected and should help the Company in bringing down it’s cost of borrowings.
Subsequent to the MUFG news, CARE has upgraded Shriram’s FD credit rating to AAA Stable.
This was widely expected and should help the Company in bringing down it’s cost of borrowings.
Moody’s has upgraded outlook to positive from stable. Rating has been retained at Ba1